MBA: 2021 Commercial/Multifamily Lending to Increase 31% to $578 Billion
Commercial and multifamily mortgage bankers are expected to close $578 billion in loans backed by income-producing properties in 2021, a 31 percent increase from 2020's volume of $442 billion, according to a new forecast from the Mortgage Bankers Association.
MBA: Second Quarter Commercial/Multifamily Borrowing Bounces Back
Commercial and multifamily mortgage loan originations jumped by 106 percent in the second quarter from a year ago and increased by 66 percent from the first quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.
MBA Recognizes Premier Members
MBA is proud to recognize its Premier Associate Members and thank them for their continued support of MBA and the real estate finance industry.
MBA Recognizes Select Members
MBA recognizes its Select Associate Members and thanks them for their continued support of MBA and the real estate finance industry.
Multifamily Values Amid a Shifting Landscape
The summer has brought big news for the housing industry including but not limited to multifamily market participants.
Omaha Chamber of Commerce Inducts Rodrigo López, CMB, into Hall of Fame
The Greater Omaha Chamber of Commerce will induct former Mortgage Bankers Association Chairman Rodrigo López, CMB, into its Omaha Business Hall of Fame in a ceremony later this month.
Commercial Real Estate Construction Activity Continues to Drop
Moody’s Analytics REIS, New York, reported commercial real estate completions fell in the second quarter from an already record low first quarter.
Dealmaker: Gantry Secures $20M for Industrial Acquisition
Gantry, San Francisco, secured $9.6 million in financing for the $17.4 million acquisition of a recently constructed multi-tenant industrial property in Phoenix’s Southwest Industrial submarket.
Lodging Demand Could Return to Pre-Pandemic Level By Late 2023
CBRE Hotels, Dallas, said U.S. lodging demand could return to its pre-pandemic level by fourth-quarter 2023.
Proptech Changing Real Estate Industry
Real estate has not always been seen as the most technology-focused industry, but that is changing fast, the Urban Land Institute and law firm Goodwin said.
Yardi Matrix: Institutions ‘Flocking’ to Build Single-Family Rentals
As the single-family rental market evolves, institutional players are jumping in with more than $10 billion allocated to the sector by institutions over the last few years, reported Yardi Matrix, Santa Barbara, Calif.
Commercial/Multifamily Briefs from Reonomy, Fannie Mae
Data firm Reonomy, New York, expanded its Market Glance insights to 30 metropolitan statistical areas across Multifamily, Office, Retail, Industrial and Hospitality categories.
